Feasibility Study Process
The below steps are carried out during entire feasibility analysis.
- Information assessment: It assesses the original project concept and establishes the main aims and objectives.
- Information collection: It collects the necessary information and data required to evaluate the project’s many components.
- Report writing: It produces an in-depth feasibility report that details the analysis and results.
- General information: It gives a summary of the main points discussed in the report on the feasibility study.
Types of Feasibility Study in Software Project Development
Feasibility Study in Software Engineering is a study to evaluate feasibility of proposed project or system. Feasibility study is one of stage among important four stages of Software Project Management Process. As name suggests feasibility study is the feasibility analysis or it is a measure of the software product in terms of how much beneficial product development will be for the organization in a practical point of view. Feasibility study is carried out based on many purposes to analyze whether software product will be right in terms of development, implementation, contribution of project to the organization etc.